MacKenzie Scott’s $4.2 billion charity giving spree announced in December focused primarily on nonprofits with an annual revenue of $10 million to $100 million, according to an analysis by Candid, with 199 such organizations in her portfolio.
But she also gave to 142 nonprofits with an annual revenue of $1 million to $10 million. Also among the grantees were 13 groups with an annual revenue of less than $1 million and 25 whose revenue exceeded $100 million.
“While Scott’s grants went to well-established organizations, this portfolio was notable for the absence of “elite” universities, hospitals, and cultural institutions,” noted the report from Candid, a research organization.
The ex-wife of Amazon co-founder Jeff Bezos, Scott has a net worth of $58 billion, Forbes reports.
Scott’s grants were widely distributed across the country, with at least one organization in each of the 50 states plus Washington, D.C., and Puerto Rico. The most grantees — 34 — were in Texas.
Scott’s donations also went to a wide variety of nonprofits. Candid identified 17 causes among Scott’s grantees. Forty-four percent of the recipients are involved in “human services,” followed by community and economic development, which make up roughly 12 percent of all grantees.
Candid also found recipients of Scott’s grants were generally more transparent than the average nonprofit. Roughly half have earned Candid’s “seal of transparency,” and 15 percent have given Candid data about the race and ethnicity of their staff or board leaders.
